Mt Gox Puzzle Continues as 1,200 BTC Departs to Mystery Destination

IconCryptoNewsTerminal Staff04 Jul, 2024

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Mt Gox Puzzle Continues as 1,200 BTC Departs to Mystery Destination

Blockchain security firm PeckShield reported on Twitter that "an address associated with the Mt Gox bankruptcy estate (starting with bc1qk) transferred 1,200 BTC (worth about $63 million) to a new unknown address (starting with 34X3kp)." This mysterious transfer has raised questions about the fate of Mt. Gox's assets and the potential implications for the broader crypto market.